Real Estate News Exchange (RENX)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

International

Northwest cuts distributions, faces activist investor

Don Wilcox Commercial Healthcare National Sep. 25 2023

Northwest Healthcare Properties REIT (NWH.UN-T) has cut its distributions by more than half, is considering acquisition offers for its U.S. and Brazilian assets, and is under public pressure from a minority investor interested in acquiring its U.K. holdings.

Avenue Living passes $5B in assets under management

Mario Toneguzzi Residential Apartments Calgary Sep. 20 2023

Avenue Living Asset Management was founded in 2006 with the purchase of 24 rental units in Brooks, Alta. for just over $3 million. With its latest acquisitions, the Calgary firm has surpassed $5 billion in assets under management, with continued growth on the horizon.

Industry Events